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    Saco, ME
    Motel

    Saco, ME Motels for Sale

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    Biddeford, ME Old Orchard Beach, ME Waterboro, ME Scarborough, ME Kennebunkport, ME Arundel, ME Buxton, ME Dayton, ME
    Renovated 20-Room Motel
    Updated: Feb 2
    Renovated 20-Room Motel

    650 Main Street, Saco, ME 04072

    $2,650,000
    11,688 sqft
    20‑room motel on 0.93 acre
    11,688 square feet of property size
    Recently renovated guest accommodations
    Two office spaces included
    Private owner’s suite
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    650 Main Street, Saco, ME 04072

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $142K
      Annual

    • Mortgage

      $1.1M
      Mar 2024

    • Last Sold

      Mar 2024
      $750K

    • Property Type

      Motel
      Built 1955
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Saco, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Operational Motel and Cottages
    Operational Motel and Cottages

    876 Post Road, Wells, ME 04090

    $2,295,000
    11,022 sqft 3.40 AC lot

    For sale on 3.4 acres along U.S. Route 1, featuring an inn, motel wing and buildings, plus cottages and on-site pool.

    View details
    Furnished Multifamily Property with Decks
    Furnished Multifamily Property with Decks

    20 Nautical Lane, Wells, ME 04090

    $1,295,000
    1,920 sqft

    Two-building property near Wells Beach with furnished residences, private decks, laundry facilities, and on-site parking.

    View details
    Beach Area Motel with Pier Access
    Beach Area Motel with Pier Access

    5 Summit St, Old Orchard Beach, ME 04064

    Contact for pricing

    Family-oriented motel offering varied accommodations, with the pier, amusement park, and shops within a short walk.

    View details
    18-Unit Motel Across From Beach
    18-Unit Motel Across From Beach

    98-102 E East Grand Avenue, Old Orchard Beach, ME 04064

    $1,950,000

    Year-round lodging property with an owner’s residence, cottage, pool, and proximity to Old Orchard Beach attractions.

    View details

    Off-Market Properties in Saco, ME

    Consider similar Off-Market properties in Saco, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    650 Main St
    MOTEL

    650 Main St, Saco, ME 04072-1535

    $750,000
    Estimated value
    5,808 sqft 0.93 AC lot
    View details
    761 Portland Rd
    MOTEL

    761 Portland Rd, Saco, ME 04072-8003

    $1,085,000
    Estimated value
    3,532 sqft 0.76 AC lot
    View details
    21 Ocean Park Rd
    MOTEL

    21 Ocean Park Rd, Saco, ME 04072-1621

    $1,285,000
    Estimated value
    7,180 sqft 0.60 AC lot
    View details
    720 Portland Rd
    MOTEL

    720 Portland Rd, Saco, ME 04072-9662

    $425,000
    Estimated value
    5,796 sqft 2.34 AC lot
    View details
    962 Portland Rd
    MOTEL

    962 Portland Rd, Saco, ME 04072-9674

    $750,000
    Estimated value
    5,548 sqft 0.53 AC lot
    View details

    Saco, ME Motels Market Trends and Statistics

    Explore 6 motels for sale in Saco, ME on our real estate platform. These investment opportunities span a total of 11,688 square feet of properties for sale, with an estimated market value of $2,650,000.

    Sale prices for motels in Saco, ME average $2,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +6.7%
    Median Household Income $84,328
    College Educated 55.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $33.15 per SF
    Tax Rate vs County Average 0.61 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in York County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in York County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Saco fall within the 100,000+ square foot range.

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